HMRC Admin 34 Response
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RE: New 4 year Foreign Income Gain (FIG) tax free Regime
Hi,
For guidance please refer to the link below:
Changes to the taxation of non-UK domiciled individuals
Thank you -
RE: Capital Gains on share sale divided between 2 beneficiaries'
Hi,
Yes, you will both need to declare your own share.
Thank you -
RE: is ISA £20k limit impacted by JISA deposit for the same person before he turned 18 same year
Hi,
The amount is reduced by the JISA. The 20k limit applies over all ISA opened and deposits in the same tax year.
Thank you -
RE: Submit self-assessment via FreeAgent, then send Capital Gains Tax form SA108 separately?
Hi,
No, the whole return should be submitted together at the same time.
Thank you -
RE: Gifts from surplus income
Hi,
Please refer to the following guide and its associated links for guidance:
IHTM14231 - Lifetime transfers
Thank you -
RE: CGT on undeveloped land sold abroad
Hi,
It depends on the date sold and your normal rate of income tax.
For guidance please refer to:
Capital Gains Tax rates
Thank you -
RE: War widows Dutch pension taxable ?
Hi,
It will depend on whether it is a state pension or private pension as this would need to be confirmed.
Please see articles 18 and 19 of the tax treaty:
UK - Netherlands Tax Convention
Thank you -
RE: Transfer of part Cash ISA (smart)
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RE: Self Assessment Tax
Hi,
For guidance please refer to the link below:
Self Assessment commercial software suppliers
Thank you -
RE: Forex prop firm trading
Hi,
For guiance on allowable expenditure please have a look at:
CG15160 - Expenditure: categories of allowable expenditure
The cost of your evaluation is not incurred as described in CG15160 and so is not allowable for capital gains purposes.
Thank you